Ant Group updates Sign up to myFT Daily Digest to be the first to know about Ant Group news. Beijing wants to break up Alipay, the 1bn plus-user superapp owned by Jack Ma’s Ant Group, and create a separate app for the company’s highly profitable loans business, in the most visible restructuring yet of the fintech giant. Chinese regulators have already ordered Ant to [separate the back](//www.ft.com/content/8c571124-a1b6-4639-bf2f-14de2044590b) end of its two lending businesses, Huabei, which is similar to a traditional credit card, and Jiebei, which makes small unsecured loans, from the rest of its financial offerings and bring in outside...